Apartment Interest Rates as of November 18 2019

Apartment Loan Interest Rates

Commercial Real Estate Loan Interest Rates for Fannie Mae, Freddie Mac, and FHA/HUD as of November 18, 2019.

Freddie Mac Small Balance $1 million to $7.5 million:

FREDDIE SMALL BALANCE PRICING:
Hybrid Fixed
5yr 7yr 10yr 5yr 7yr 10yr
Top Market:
Low Leverage: 3.18% 3.38% 3.53% 3.33% 3.48% 3.58%
High Leverage: 3.42% 3.62% 3.77% 3.57% 3.72% 3.82%
Standard Market:
Low Leverage: 3.60% 3.58% 3.73% 3.75% 3.73% 3.83%
High Leverage: 3.84% 3.82% 3.97% 3.99% 3.97% 4.07%
Small Market:
Low Leverage: 4.02% 3.85% 4.05% 4.07% 4.00% 4.10%
High Leverage: 4.14% 3.97% 4.17% 4.19% 4.12% 4.22%
Very Small Market:
Low Leverage: 4.11% 3.94% 4.14% 4.16% 4.09% 4.19%
High Leverage: 4.23% 4.06% 4.26% 4.28% 4.21% 4.31%
Note: 
Pricing assumes 100% Mission Driven (Affordable).  $1mm to $7.5MM

FHA/HUD PRICING:

TREASURIES:
Green Market 5yr: 1.67%
223f: 3.39% 3.74% 7yr: 1.76%
Minimum Loan Amount $7MM 10yr: 1.85%
221d4: 3.95% 4.35% 30yr: 2.32%
Minimum Loan Amount $15MM 1-LIBOR: 1.72%

Freddie Mac Large loan Program

$3 Million and higher, no upper limit

FREDDIE MAC PRICING:
LTV/DSCR 80/1.25 70/1.35 60/1.45
5 Year N/A 4.09% 3.94%
7 Year 4.28% 4.08% 3.93%
10 Year 4.28% 4.13% 3.98%
12 Year 4.36% 4.21% 4.06%
15 Year 4.40% 4.25% 4.10%

Fannie Mae Small Loan program:

FANNIE MAE PRICING:
Under $6MM Over $6MM
Tier 2 Tier 3 Tier 4 Tier 2 Tier 3 Tier 4
Multi-Family:
5yr Fixed: 4.65% 4.42% 4.20% 4.37% 4.20% 4.00%
7yr Fixed: 4.40% 4.17% 3.95% 4.11% 3.94% 3.75%
10yr Fixed: 4.34% 4.11% 3.89% 4.01% 3.84% 3.65%
Mobile Home Parks:
5yr Fixed: 4.93% 4.66% 4.40% 4.53% 4.33% 4.11%
7yr Fixed: 4.68% 4.41% 4.15% 4.28% 4.08% 3.86%
10yr Fixed: 4.62% 4.35% 4.09% 4.18% 3.98% 3.76%